Mid-career roles are emerging in banking and financial services
Dhriti Prasanna Mahanta, VP and Business Head, TeamLease Degree Apprenticeship, says these changes have led to increased demand for specialised roles. Mid-senior level hiring now includes positions like credit analysts, investment bankers and financial analysts who focus on risk evaluation, capital management and financial planning. Asset managers oversee investment portfolios, while product managers develop innovative financial products. In fintech, roles such as cybersecurity managers, data scientists, research analysts, software developers, machine learning experts and database architects have become crucial, leveraging advanced analytics and technology to drive business growth and enhance customer experiences.
Aatash Shah, SVP and Head-Business, Manipal Academy of BFSI, says with 80% of transactions happening through digital platforms, operations roles are transitioning to digital-first, and recruitment now focuses on customer engagement via digital channels. This reflects the broader industry trend of moving towards digitally savvy roles over traditional operational positions.
Increased flexibility in filtering candidates at the mid-senior level, combined with a strong diversity focus, suggests that the BFSI sector will in 2025 likely prioritise diverse, experienced hires who can bring unique perspectives and navigate a tech-driven environment with ease, he says.
What salary brackets do the roles fall in?
Mahanta says salaries for mid-senior roles in Indian banking and financial services typically range
